Proceedings.

BCBG Max Azria Canada Inc.

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Proceeding
NOISection 50.4(9) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, as amended
File
500-11-052159-171
Filings held21
Last activity20 Sep 2017
On the record3,536 days
OverviewSummary updated

BCBG Max Azria Canada Inc. commenced a notice of intention proceeding on March 1, 2017 in the Superior Court of Québec under sections 50.6, 64.1 and 64.2 of the Bankruptcy and Insolvency Act, court file no. 500-11-052159-171, and the matter remains active. FAAN Advisors Group Inc. acts as Chief Canadian Restructuring Advisor. The creditor mailing list identifies Bank of America and Wells Fargo Trade Capital as secured creditors. Among unsecured claims as of March 1, 2017, affiliate BCBG USA is listed at US$104,941,922 and 3356302 Canada Inc. at $7,238,500, alongside a $457,112.98 deemed trust and provincial tax claim of the Agence du revenu du Québec and municipal tax claims including $122,442.77 owing to Ville Montreal. Landlords, utilities and freight suppliers across Quebec, Ontario, Alberta and British Columbia make up the balance.

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Case updates21 dated entries
#Report

The officer filed report no. Trustee's Preliminary Report to Creditors. By the report date all Stores had been liquidated and closed, leases disclaimed, and the Canadian Assets (Partner Shops inventory and the HBC agreement) sold; BCBG Canada has ceased operations and holds no remaining assets other than a small deposit receivable.

Source: Trustee's Preliminary Report to Creditors

Parties

Debtor

BCBG Max Azria Canada Inc.

Proposal trustee

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CollierSuperior Court of Québec1 order, Mar 201724 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantBCBG Max Azria Canada Inc.Osler, Hoskin & Harcourt LLP3 Mar 2017Order · 3 Mar 2017
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredWells Fargo Trade CapitalListed as Secured creditor type in creditor mailing list; no amount stated. — debtor: BCBG Max Azria Canada Inc.—Notice to the creditors of the intention to make a proposal
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

147 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

Sale processAs stated in the filings

Sale closed — the sale of the Canadian Assets closed following Court approvalTrustee's Preliminary Report to Creditors · 20 Sep 2017

PurchaserPriceStatusSource
GBG USA Inc.the sale of BCBG Global Holdings inventory, contracts, and certain other assets (the ' Acquired Assets '), including the inventory located in the Partner Shops and the agreement between BCBG Canada and HBC · asset sale · agreement 9 Jun 2017SubscribersClosed31 Jul 2017Trustee's Preliminary Report to Creditors
AdvisorsGordon Brothers Canada ULC (liquidator); Merchant Retail Solutions, ULC (liquidator); A&G Realty Partners, LLC (listing broker); Hilco Valuation Services, LLC (liquidator)Trustee's Preliminary Report to Creditors
Closing termsVesting occurs upon issuance of the Trustee's Certificate confirming execution of the Sale Agreements and payment of the Canadian Purchase Price and satisfaction/waiver of closing conditions.Approval, Vesting, Assignment and Extension Order
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report to Creditors · 20 Sep 2017

ClassCreditorClaimsRecoveryBasisSource
Unsecured—listedno distributionEstimatedper the trusteeTrustee's Preliminary Report to Creditors · 20 Sep 2017

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cash on hand

$1K

As at 1 Sep 2017Trustee's Preliminary Report to Creditors

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
21 filings
DateDocumentFile
Minutes of the First meeting of creditorsPDF · Subscribers
Trustee's Preliminary Report to Creditors
  • Closing confirmed Closed · 31 Jul 2017 · GBG USA Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of CreditorsPDF · Subscribers
Report of the Trustee on non-filling of ProposalPDF · Subscribers
Approval, Vesting, Assignment and Extension Order
  • Closing terms Vesting occurs upon issuance of the Trustee's Certificate confirming execution of the Sale Agreements and payment of the Canadian Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 25 July 2017
  • Sale outcome Sale approved — The Application for approval of the asset sale, assignment of agreement, vesting order, and extension of time to file a proposal is granted.
  • Stalking horse Subscribers
PDF · Subscribers
Application for an approval, vesting, assignment and extension of time to file a ProposalPDF · Subscribers
Report of the Trustee on the monitoring of the debtor's business and financial affairsPDF · Subscribers
Order extending the time to file a Proposal
  • Counsel Osler Hoskin & Harcourt LLP
PDF · Subscribers
Report of the Trustee on the monitoring of the debtor’s business and financial affairs
  • Process results 350 solicited · as of 20 Mar 2017
  • Sale advisor Gordon Brothers Canada ULC (liquidator); Merchant Retail Solutions ULC (liquidator); A&G Realty Partners, LLC (listing broker)
  • Sale outcome Liquidation in progress — Liquidation Sale of inventory, furniture, fixture and equipment at all 51 Stores commenced and is ongoing; Lease Sale Process underway
  • Stalking horse Subscribers
PDF · Subscribers
Application for extension of time to file a Proposal
  • Applicant BCBG Max Azria Canada Inc.
  • Appointee Deloitte Restructuring Inc.
  • Appointee role trustee
  • Court SUPERIOR COURT (Commercial Division)
  • + 3 more extracted facts
PDF · Subscribers
Confidentiality and non-disclosure agreement
  • Sale advisor A&G Realty Partners, LLC (listing broker)
  • Sale outcome Marketed — Blank-form confidentiality agreement for prospective acquirers assessing the sale and/or assignment of the Company's leasehold interests; all communications are directed to A&G.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Lease sale and solicitation process terms
  • Bid deadline 5 April 2017
  • Sale advisor A&G Realty Partners, LLC (listing broker)
  • Sale outcome Sale process approved — Lease Sale and Solicitation Process for marketing and sale/assignment of Leases
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Leases available for sale flyer
  • Bid deadline 5 April 2017
  • Sale advisor AG Realty Partners (listing broker)
  • Sale outcome Marketed — 45 retail leases across Canada are marketed for sale, with an offer deadline of April 5, 2017 and an auction on April 7, 2017.
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Service ListPDF · Subscribers
Exhibit P-10 – Canadian Forbearance AgreementPDF · Subscribers
Order approving a DIP financing and DIP charge, an administration charge, a D&O charge, a consulting agreement and sale guidelines and granting ancillary relief
  • Counsel Osler Hoskin & Harcourt LLP
  • Order date 3 March 2017
  • Presiding officer Justice David R. Collier
  • Sale advisor Merchant Retail Solutions, ULC and Gordon Brothers Canada ULC (liquidator)
  • + 2 more extracted facts
PDF · Subscribers
First report to the Court submitted by Deloitte Restructuring Inc., in its capacity as Trustee to the Notice of intention to make a Proposal
  • Sale advisor Gordon Brothers Canada ULC (liquidator); Merchant Retail Solutions, ULC (liquidator)
  • Sale outcome Liquidation in progress — The Company determined, along with the CRO and the CCRA that its best alternative was to engage in a sale (Liquidation Sale) of all its inventory and furniture, fixture and equipment
  • Stalking horse Subscribers
PDF · Subscribers
Notice to the creditors of the intention to make a proposal
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of a notice of intention to make a proposalPDF · Subscribers
Motion for approval of a DIP Financing and DIP Charge, an Administration Charge, a D&O Charge, a Consulting Agreement and Sale Guidelines and granting ancillary relief
  • Applicant BCBG Max Azria Canada Inc.
  • Appointee FAAN Advisors Group Inc.
  • Appointee role Chief Canadian Restructuring Advisor
  • Commencement date 1 March 2017
  • + 4 more extracted facts
PDF · Subscribers
Notice of intention to make a proposalPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “BCBG Max Azria Canada Inc.” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/bcbg-max-azria-canada-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/bcbg-max-azria-canada-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.